Halitron Inc (HAON)

[vdivita89]

I interpreted it that way as well, I dont see how they can continue to dilute this stock without considering a split. Sounds like they have a lot of debt to clear thru, and the authorized share raise is going to be used for acquisitions, and turned into restricted shares.

Plus they still owe $200k on the HOPP acquisition, which they plan on taking legal action to reduce (skeletons in the closet that weren't disclosed before they took over HOPP). So they are definitely short on cash. I still feel this company should be valued higher compared to most other turds at 0001 but the dilution is probably the cause of it.